Facts about Universal Life insurance coverage with YRT cost of insurance.
1. Cost of insurance will increase every year.
2. Cost of insurance is payable till age 90 or 100.
3. The investment return is not guaranteed and will fluctuate.
4. Adverse fluctuations in the invested funds can cause the lapse of the policy.
5. Only clauses mentioned in the policy are binding the client with the company. Anything which is
not included in the policy contract has no relevance and cannot be enforced.